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Strategies & Market Trends : DVBC / Imatel Merger, Visualize Whirrled Peas -- Ignore unavailable to you. Want to Upgrade?


To: Typhoon who wrote (16)11/10/1997 6:32:00 PM
From: Jaxax  Read Replies (2) | Respond to of 54
 
Here's a FACT, controlling interest will not be consumated until:
"DVBC has acquired a 45% stake in IMA and DVBC's slate of directors have been appointed to IMA's board of directors which gives DVBC's nominated directors a majority of seats on IMA's board. DVBC will acquire an additional 6% of IMA's shares, upon approval of the Federal Communications Commission for a change of control of IMA to DVBC. FCC approval is expected within 45 days."
so where is the FCC taking PUBLIC input on this???



To: Typhoon who wrote (16)11/10/1997 6:37:00 PM
From: campe  Read Replies (1) | Respond to of 54
 
Can't stick to the facts... there are NONE!
And their EDGAR filing is LATE. Sure we can expect it in 10 days but if history repeats itself, we'll be waiting much longer.

sec.gov

DVBC put almost $1M for 51% of the company? What kind of hi-tech company is worth only $2M. Of course they ain't really paying $1M, they're just giving away some of that over-inflated stock. It was in the high $2's just a few days ago, and now it goes for $4!